If the Cost of Producing Sectional Sofas Decreases,what Happens to Consumer

question 130

Multiple Choice

If the cost of producing sectional sofas decreases,what happens to consumer surplus

• A)It increases then decreases.
• B)It decreases.
• C)It remains constant.
• D)It increases.

---

Definitions:

Borrowing Money

The act of obtaining funds from another party, typically a financial institution, with the promise to return the principal amount along with interest.

Issuing Stock

The process by which a company releases its shares to the public or existing shareholders to raise capital.

Purchase Assets

The act of acquiring ownership or a controlling interest in physical or intangible items that have value, for operational or investment purposes.

Real Assets

Physical or tangible assets such as real estate, commodities, and natural resources.